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In conjunction with its annual strategic planning process and goodwill impairment test, during 2Q15 $BSX performed an interim impairment test on certain of its in-process R&D projects and core technology assets. Based on its impairment assessment, $BSX recorded an impairment charge of $9MM in 2Q15.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.